M&A Deal Summary

Andersen Acquires Composite Technologies of America

On June 1, 2009, Andersen acquired plastics company Composite Technologies of America from Resilience Capital Partners

Acquisition Highlights
  • This is Andersen’s 1st transaction in the Plastics sector.
  • This is Andersen’s 2nd transaction in the United States.
  • This is Andersen’s 1st transaction in Ohio.

M&A Deal Summary

Date 2009-06-01
Target Composite Technologies of America
Sector Plastics
Buyer(s) Andersen
Sellers(s) Resilience Capital Partners
Deal Type Add-on Acquisition

Target

Composite Technologies of America

Aurora, Ohio, United States
Composite Technologies of America is a world-class pultrusions company with particular expertise in thin-wall technology and complex shapes.

Search 197,704 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Andersen

Bayport, Minnesota, United States

Category Company
Founded 1903
Sector Building Materials
DESCRIPTION

Andersen Corporation, along with its subsidiaries, manufactures and sells windows and doors.


DEAL STATS #
Overall 3 of 5
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 3 of 5
State (Ohio) 1 of 1
Country (United States) 2 of 4
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-12 Eagle Window & Door

Dubuque, Iowa, United States

Eagle Window & Door, Inc. is a manufacturer of premium quality aluminum-clad wood windows and doors for high-end residential and commercial construction applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-03 Laflamme Doors and Windows

St. Apollinaire, Quebec, Canada

Laflamme Portes et Fenêtres Corp. was founded in 1950 by the brothers Armand and Rosaire Laflamme. Nowadays the company employs over 400 people. The company originally manufactured all kinds of wood products but gradually specialized in the manufacturing of doors and windows, and now ranks among the largest manufacturers in Eastern Canada.

Sell -

Seller(S) 1

SELLER

Resilience Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 675M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Resilience Capital Partners is a private equity firm focused on investing in lower middle-market underperforming and turnaround situations. Resilience targets non-core divisions or subsidiaries, companies with severe operational issues, businesses suffering from insufficient management focus, and privately held companies with lack of access to capital. Sectors of interest include niche manufacturing, specialty chemicals, and industrial services. Prospective companies are generally located in North America with $25 to $250 million in revenue, and EBITDA typically under $20 million. Resilience Capital Partners was formed in 2001 and is located in Cleveland, Ohio.


DEAL STATS #
Overall 4 of 19
Sector (Plastics) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (Ohio) 3 of 6
Country (United States) 4 of 19
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-25 Excello Engineered Systems

Macedonia, Ohio, United States

Founded in 1934, Excello Engineered Systems was the market leader for its principal product lines. It established strong relationships with several OEMs in the automotive industry including its largest customer, Ford Motor Company, as well as Toyota, Honda and Nissan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-11 Omega Polymer Technologies

Aurora, Ohio, United States

Omega Polymer Technologies, Inc. has three operating subsidiaries: Omega Pultrusions is a leading producer of thermoset polymer pultrusions serving the window and door, lawn and garden, transportation and commercial refrigeration markets; Carsonite International produces pultruded and extruded plastic products for the highway, utility and recreational markets; and Viking Plastics is an injection molder of components principally used for fittings and connections in automotive and air conditioning applications.

Sell -